Is The Greater Ville, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, The Greater Ville was a Seller's Market.
Key Takeaway
The Greater Ville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in The Greater Ville, MO
How much do homes in The Greater Ville, MO cost?
Median Sold Price
$20,000
$27/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in The Greater Ville have sold for 40.3% less than they did a year ago.
Summary: The median home sold price in The Greater Ville was $20,000 in April 2024, down 40.3% from last year, and the median price per square foot was $27.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $20K | $2K | -90.0% |
| 2 Bedrooms | $20.1K | $20K | -0.7% |
| 3 Bedrooms | $140K | $27.5K | -80.4% |
| 4 Bedrooms | $144.9K | $54.4K | -62.4% |
| 5+ Bedrooms | $152.5K | $41K | -73.1% |
Summary: The Greater Ville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 90%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 80.4%, 4 bedroom homes decreased by 62.4%, and 5+ bedroom homes decreased by 73.1%.
Median Sold Price Compared To Nearby Neighborhoods
| O'Fallon | $55K | $34.5K | -37.3% |
| The Greater Ville | $33.5K | $20K | -40.3% |
Housing Supply in The Greater Ville, MO
How many homes are available in The Greater Ville, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The The Greater Ville real estate market had 17 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The The Greater Ville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Greater Ville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in The Greater Ville in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for The Greater Ville, MO
How long does it take to sell a home in The Greater Ville, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 122 Days | +121.8% |
Summary: Homes in The Greater Ville had an average of 122 days on market in Apr 2024, up by 121.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in The Greater Ville has remained consistent over time.
Summary: During April 2024, 2 homes were sold in The Greater Ville; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.